In his speech at Invest Malaysia 2018 conference on Tuesday, Prime Minister Datuk Seri Najib Tun Razak admitted 1MDB’s failings, adding that there had been “valid cause for concern” over the state company’s affairs due to lapses in governance.

In his speech at Invest Malaysia 2018 conference on Tuesday, Prime Minister Datuk Seri Najib Tun Razak admitted 1MDB’s failings, adding that there had been “valid cause for concern” over the state company’s affairs due to lapses in governance.